5 Budd St,Morristown Town, NJ 07960
Morristown Town, NJ 07960
Description
A unique opportunity to own a freestanding commercial building with 4 off-street parking spaces in the heart of Morristown - just steps from Whole Foods, near the Morris County Courthouse and a short walk to the Green. Recently upgraded from top to bottom, the interior offers a large open-concept main space with vaulted ceilings, separate private office, private bathroom and wet bar/kitchenette area, providing a functional layout for a variety of professional uses. Roof just 3 years old, forced hot air, central air, public sewer, public water. Located in Morristown's MX-1 zone, the property presents a multitude of options beyond a traditional office. Attorneys, financial planners, consultants and other professionals can own their office or satellite location rather than lease, while buyers may also explore a potential residential/live-work conversion with the Town potentially without necessarily altering the existing exterior footprint. This could create a rare opportunity to combine living and working space under one roof, with potential qualifying home-office tax benefits depending on the owner's circumstances. The Seller is also open to including the remaining furniture for an agreed-upon price, offering the ability to purchase a nearly turnkey space. This unique property offers several different paths at a price point rarely available this close to the center of town. Commercial, residential and mixed-use possibilities are subject to Town approval and buyer due diligence.
Details
| MLS # | 4047566 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 2013 |
| Days On Site | 48 |
| Listing Provided By | WEICHERT REALTORS | NIREN SAKARIA |
Features
| Garage | 2 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | MX-1 |
Taxes
| Property | 6693 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Morris |
| City | Morristown Town |
| Zip Code | 07960 |
| Area | Morris |
| Listing VS Median (in 07960) | |
Price: $549,000 low | high Med: $592,000 On site: 48 low | high Med: 75 | |
Market Activity 07960
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Learn More About This Property
| State | NJ |
|---|---|
| County | Morris |
| City | Morristown Town |
| Zip Code | 07960 |
| Area | Morris |
| Listing VS Median (in 07960) | |
Price: $549,000 low | high Med: $592,000 On site: 48 low | high Med: 75 | |
